Cause-And-Effect Diagrams Are Problem Solving Tools Commonly Used by Quality

question 136

True/False

Cause-and-effect diagrams are problem solving tools commonly used by quality control teams.

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Definitions:

Discounted Cash Flow

A financial analysis technique that estimates the value of an investment based on its expected future cash flows, discounted back to their present value.

Future Cash Flows

Estimated monetary gains or expenditures that a company expects to receive or pay out in the future.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal installments.

Mutually Exclusive

A statistical term describing two or more events that cannot occur simultaneously.